scholarly journals Modern Russian oil and gas policy and its features in the Russian-Chinese cooperation in the gas sector

2021 ◽  
Vol 25 (1) ◽  
pp. 122-137
Author(s):  
V. A. Stennikov ◽  
V. О. Golovshchikov ◽  
E. A. Romanovich

 This article presents a research study in the field of formation and implementation of Russian oil and gas policy, which has a decisive role in the development and functioning of the country's energy sector, its energy security, as well as for increasing revenues.  The current relations between actors in the European gas market, which is expected to remain an important sector in Russian economy in the medium term, are assessed in the contexts of the risks and threats experienced by gas exporters. The role and place of the Russian Federation in gas export to China as an important element of the Russian Eastern Gas Policy and Energy Security Doctrine is discussed. Following an analysis of information from official sources, research publications and reports presented in the mass media, a substantiation of the urgency of the problem and the directions of its solution is given. The conducted study revealed that the oil and gas sector in Russia remains the most important component of the country's fuel and energy complex. Stable export of oil and gas is key for the oil and gas industry, contributing to the country's energy security. It is noted that, in the medium term, Russia will preserve at least 30% of the European gas market. At the same time, the energy policy of the European Union, anti-Russian economic sanctions and the excess of gas supply over demand are forcing Russia to significantly reduce the cost of exported gas in order to maintain its segment in the European gas market. The forecasted risks and threats to the "western vector" of the Russian gas policy determine the necessity to diversify gas export markets. In this regard, it seems reasonable to implement of the "Eastern Gas Policy" as an element of the energy strategy in the eastern regions, aimed at the widespread use of natural gas for domestic needs and export supplies. The emerging strategic partnership with China is determined not only by the energy partnership, which is acquiring new initiatives, but is also characterised by a wider sphere of relations, including economic and political cooperation. At the same time, economic cooperation in the gas sector is aimed primarily at ensuring the possibility of diversifying gas supplies to Chinese regions having a developed demand.  In the current financial and economic situation in the energy market in the western direction, Russia is often forced to accept China’s conditions. The research results demonstrate that the Russian oil and gas complex retains key positions in the country's energy sector and economy. Currently, the process of active spatial development of the fuel and energy complex in the East of the country is observed, while in the long run both the “western” and “eastern” vectors of Russia's gas policy remain. Strengthening trade, economic and political cooperation between Russia and China in the medium and long term will lead to a significant increase in energy cooperation on mutually beneficial conditions. 

2021 ◽  
Vol 20 (7) ◽  
pp. 1214-1233
Author(s):  
Irina A. RUDSKAYA ◽  
Vladimir I. KURAKIN

Subject. The article considers development trends in the oil and gas market of the Russian Federation. Objectives. The purpose is to assess current trends and behavior of the Russian oil and gas market. Methods. The study employs methods of analysis and synthesis of statistical data that describe development trends in the oil and gas industry in Russia and in other countries of the world, its importance and role in the economic system of Russia, its market structure and the level of innovative development. Results. We offer a scheme, illustrating the position of the oil and gas industry in the structure of the fuel and energy complex of Russia, consider the analytical reports of leading organizations in the industry. The latter enable to conclude on changes in the structure of fuel and energy consumption. We also identify development trends in the global fuel and energy complex and analyze the behavior of the share of oil and gas revenues in the formation of the tax burden, for the period, starting from 2012. Conclusions. Most technological innovations are carried out by organizations, producing electrical, electronic and optical equipment. The least innovative activity is observed in the field of mining. We substantiate the need to introduce and develop innovations in the fuel and energy complex, in connection with trends in intensification of various changes, occurring in the external environment (technologies, markets, society, regulatory policy of the State), increased competition in established markets, complexity of technological processes.


2021 ◽  

The compendium of works presented at the international conference of young scholars, organized by the Center of Energy Studies, IMEMO RAS and Faculty of International Energy Business of Gubkin Russian State University (NRU) of Oil and Gas, covers various trends of world energy complex development in the context of energy transition. Special attention is paid to the analysis of the situation in the energy sector of Vietnam, China, India, Iran and Uzbekistan as well as to prospects of hydrogen and LNG transport development.


2018 ◽  
Vol 26 (4) ◽  
pp. 609-619
Author(s):  
Elvis Ojeda Kalluni ◽  
Elmira A Chadaeva

The study of fuel and energy complex of Mexico occupies a very important place in the world’s leading research centers. Among Russian and foreign studies there are a number of works that consider the problems and peculiarities of fuel and energy complex of the countries of Latin America including Mexico. This article is devoted to the analysis of Mexico’s energy reform and use their experiences to transform the energy sector of the countries of South America. Presents the history of the Mexican energy reform. Discusses basic principles of energy reform and energy security of the country. It also examines the factors that Mexico should include in its energy policy and management system to ensure the safe delivery of energy across the country. Offers a brief overview of the current state of TEK of Mexico. Mexico has a large and varied potential for producing energy from renewable sources. With the recent opening of the energy sector, the country has the necessary conditions to attract major investments to develop projects on renewable energy. The liberalization of the sector allows Mexico to meet the growing energy demand and to diversify its productive matrix, creating at the same time as energy security and reduce greenhouse gases, positively affecting the environment. Reform of the energy sector of Mexico and the analysis of the sector in this country can be of great importance for the transformation of the energy sector in many countries of the region, especially in places such as Argentina, Brazil and Venezuela.


2021 ◽  
Author(s):  
Madina Intykbayeva

This paper focuses in the discussion of three main transformations the Oil and Gas Industry will need to continue developing post-pandemic scenarios. Sustainability, Digitalization, Cultural Innovation and Branding need to continue its parallel development for the industry to keep the leadership positions in the energy sector. The goal of this paper to show the interdependence between these three transformations and how EPCI companies need to continue adapting them to succeed.


Author(s):  
Anatoly Zhuplev ◽  
Dmitry A. Shtykhno

Europe’s economic wellbeing and growth are highly energy dependent and heavily reliant on Russian imports of oil and gas. European energy security, its alternatives, and implications are examined in this chapter with the view of sustainability and the EU-Russian energy dialog. With an asymmetric mutual political-economic interdependency with Russia, Europe’s exposure in oil and gas calls for sustainable energy solutions. Meantime, Russia, the key energy supplier in the European region, is also a major energy consumer whose economy is characterized by high energy intensity. Russian energy sector needs serious improvements in technology, investment, and management: failure to address these priorities erodes Russia’s reliability as major regional energy supplier. The chapter explores the dynamics of Russian energy sector and implications for European energy security and sustainability.


2020 ◽  
Vol 8 (8) ◽  
pp. 555 ◽  
Author(s):  
Dejan Brkić ◽  
Pavel Praks

Ships for drilling need to operate in the territorial waters of many different countries which can have different technical standards and procedures. For example, the European Union and European Economic Area EU/EEA product safety directives exclude from their scope drilling ships and related equipment onboard. On the other hand, the EU/EEA offshore safety directive requires the application of all the best technical standards that are used worldwide in the oil and gas industry. Consequently, it is not easy to select the most appropriate technical standards that increase the overall level of safety and environmental protection whilst avoiding the costs of additional certifications. We will show how some technical standards and procedures, which are recognized worldwide by the petroleum industry, can be accepted by various standardization bodies, and how they can fulfil the essential health and safety requirements of certain directives. Emphasis will be placed on the prevention of fire and explosion, on the safe use of equipment under pressure, and on the protection of personnel who work with machinery. Additionally considered is how the proper use of adequate procedures available at the time would have prevented three large scale offshore petroleum accidents: the Macondo Deepwater Horizon in the Gulf of Mexico in 2010; the Montara in the Timor Sea in 2009; the Piper Alpha in the North Sea in 1988.


2020 ◽  
Vol 4 ◽  
pp. 93-107
Author(s):  
Dominika Czapla

For many years, the future of energy has been one of the most important problems and challenges for both national and global policy making. It is related to the high responsibility of the energy sector for climate change on Earth, but also for caring about ensuring sufficient energy for the future generations. Thus, energy policy is an important pillar of maintaining, broadly understood as internal security of the country. The biggest challenge related to ensuring energy security of the European Union is the diversification of energy sources. Member States are trying to tackle this challenge in two ways. Firstly, through the development of renewable energy, and secondly, looking for new channels for the supply of non-renewable energy. The restructuring of the energy sector, which has taken place in recent years, in accordance with the guidelines of the European Union, aims to intensify the use of environmentally friendly renewable energy sources. Equally important is the construction of the Nord Stream 2 and Turk Steam gas pipelines, which has been ongoing for several years, which raises much controversy in the Member States. The article is an analysis of the opportunities and challenges facing the European Union related to ensuring stable energy supplies to European citizens.


Author(s):  
M. Doroshko ◽  
I. Voloshenko

An important component of the ensuring the security of the states of the Central Asian region is the energy security because the energy resources are critically significant for the improving the quality of life and the expanding the opportunities for all countries in this region. Kazakhstan, Turkmenistan and Uzbekistan are those countries which energy resources is an area of deep interest of extra-regional forces. In fact, energy security is a priority area of foreign policy of countries in the region that are trying to get the maximum benefit from the sale of their own oil and gas reserves. The energy resources Central Asia, primarily Turkmenistan and Kazakhstan, step up cooperation with countries such as China, Russia, USA and many others. Authors considers the peculiarities of energy policy of Kazakhstan, Turkmenistan and Uzbekistan, peculiarities of cooperation with external partners, as well as the problems that exist in the energy sector.


2016 ◽  
Vol 28 ◽  
pp. 9-15 ◽  
Author(s):  
John C LaMaster ◽  
Marc Hammerson

On 23 June 2016, the UK electorate voted in a referendum to leave the European Union (EU). This outcome is expected to have far-reaching consequences for UK industry, including the oil & gas sector. These include: short- to medium-term uncertainty; potential changes to legislation affecting the downstream industry; restrictions on the free movement of goods and people; effects on the gas market; and renewed impetus for Scottish independence. It is impossible at this early stage to reach any definitive conclusions regarding the consequences of Brexit to the UK oil & gas industry, but this short article will discuss certain issues that are likely to be of interest and relevance.


2021 ◽  
Vol 3 (1) ◽  
pp. 18-24
Author(s):  
Faisal Faisal

Energy sovereignty in Indonesia is experiencing problems with a decline in national energy security. Indonesia's energy system is currently facing serious challenges. The imbalance in the condition of energy supplies with national energy needs, especially the oil and gas sector and efforts to fulfill national energy needs in a sustainable manner are the main problems of this nation in the energy sector. It is absolutely necessary to have strategic efforts in the field of creating new and renewable energy. Although the government has issued various policies to catch up, but to realize national energy security, it is necessary to urgently regulate the development of renewable energy as a form of supporting national energy security. As for the formulation of the problems raised in this study are: support national energy security in Indonesia? 2) what is the urgency of regulating the development of renewable energy as a form of supporting national energy security? This research will use normative juridical research and supported by empirical juridical research so that it will be able to see the conditions of developing renewable energy as a form of supporting national energy security in Indonesia. To realize this, it is necessary to urgently regulate the development of renewable energy as a form of supporting national energy security.


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